US Home Equity Lending Market Size, Share, Industry Trend, Forecasts to 2033
The US Home Equity Lending Market is Anticipated to hold a significant share by 2033, growing at a CAGR of 4.9% from 2023 to 2033. Market expansion is driven by tax advantages for interest payments, but worries about property loss and expensive closing expenses endure. A home equity loan is a kind of credit where the debtors pledge the value of their house as security. The worth of the property determines the loan amount, and a lending institution appraiser determines the property's value.